How I
Stacked It

Scott Martin

Head of Finance at XY Sense

Scott Martin

Introducing XY Sense

XY Sense is a workplace occupancy sensing and analytics solution designed to transform office environments. Backed by an intuitive analytics platform built for property teams, XY Sense empowers organisations to optimise space utilisation, enhance employee experiences, and make informed decisions to create better workplaces.

Scott Martin heads up the finance function with a lean team of two. His day-to-day covers everything from overseeing finance operations and forecasting to managing revenue operations, investor and board reporting, equity platforms, inventory systems, and strategic tax planning - essentially covering everything across the startup finance spectrum.

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Maxio for Revenue Recognition

Maxio handles E2E revenue recognition, invoicing and revenue reporting. It has a huge amount of functionality which can be excessive for some, however, we find this allows us to fully tailor the system to our customer profile. If we invest in this tool, it will definitely support our ability to scale.

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Mayday for Intercompany

We use Mayday to manage our intercompany loans across 5 entities. Previously we were doing this manually and struggling to manage and understand the FX impact in reconciliation.

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Fathom for Reporting

Fathom allows us to consolidate our Xero entities. It works well however I am not a fan of the predefined reports as they are hard to change and lack deep dives, especially around cash management and reporting.

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Cin7 for Inventory

We're currently using Cin7 Core which has strong inventory management features.

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Airwallex for International Payments

Great for international payments with competitive FX rates, employee cards, and now expense management and staff reimbursements, Airwallex is fast becoming our one-stop shop for all things payments, FX and expenses. Global coverage supports our niche customers and UX is super simple with the product really starting to get some depth.

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Dext for Receipt Capture

Dext is efficient for receipt capture and expense management, however, we are currently in the process of moving this over globally to Airwallex. Decent UX but it doesn’t really offer us anything that can’t be done in Airwallex.

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Bill.com for US Payments

Bill.com helps us deal with payment nuances in the US and supports checks to state tax authorities.

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Gusto for US Payroll & Insurance

Simple to use, Gusto manages most of the E2E of US requirements.

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Cake for Equity Management

We recently transitioned to Cake for managing equity. It has a good UX for employees with equity training and education, and it's much more cost-effective compared to Carta. Reporting needs some development but overall it's been great to onboard with.

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